L.A. Land points out Kiplinger’s Home buying 101 IQ test, an online survey that isn’t so much a test of whether or not it’s financially viable for you to purchase, but whether you know how to purchase a home.
Writes L.A. Land: "My take: If you don’t get 10 out of 10, go back and do some more homework — you aren’t armed with the most basic knowledge." If only they made Countrywide mortgage brokers take these types of tests.
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